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Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities

6 hedge funds and large institutions have $8.4M invested in Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

50% more funds holding

Funds holding: 4 → 6 (+2)

32% more capital inflows, than outflows

Capital inflows: $936K | Capital outflows: $707K

0.01% more ownership

Funds ownership: 0.31% → 0.32% (+0.01%)

Holders
6
Holders Change
+2
Holders Change %
+50%
% of All Funds
0.09%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
3
Increased
1
Reduced
–
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

C.PRN Hedge Fund Activity: Q2 2024 in Review

6 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C.PRN) for Q2 2024, worth a combined $8.4M — up 2.1% from $8.23M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new C.PRN positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 0 trimmed.

The largest buyer was Beddow Capital Management, adding an estimated $876K. The largest seller was Whalerock Point Partners, exiting entirely with an estimated $707K sold.

  • 6 institutional investors held Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C.PRN) as of Q2 2024, up from 4 in Q1 2024.
  • Funds reported $8.4M of Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities stock for Q2 2024, up 2.1% quarter-over-quarter.
  • 3 funds opened new Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities positions in Q2 2024 and 1 closed out, a net change of +2 holders.
  • The largest Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities buyer in Q2 2024 was Beddow Capital Management, an estimated $876K added.
  • The largest Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities seller in Q2 2024 was Whalerock Point Partners, an estimated $707K sold.

Based on aggregated 13F filings for Q2 2024.